Monopoly quantity produces too little output at too high a cost but efficient quantity is where the demand equals the marginal cost.
<h3>What is a monopoly?</h3>
A monopoly refers to the dominant position of an industry or a sector by one company.
The efficient quantity of output is where the demand highly equals the marginal cost whereas monopoly quantity produces too little output at too high a cost.
Learn more about Monopoly here:
brainly.com/question/5992626
#SPJ2
Answer:
They are broken apart when smith is sold to another owner
Explanation:
I got it correct
Answer:
"Social media gives groups like the HRC Lab access to a huge variety of open-source information and documentation of human rights violations. "
Explanation:
Answer:
The presidency
Explanation:
Currently, Republican and Democrats are the most dominant party United States. Typically, the votes that accumulated by these parties surpassed 95% of the votes. This provide other third party almost no chance in winning the presidential election, including the libertarian party.
The highest amount of votes that the libertarian party ever got for the presidential election is only around 3.3% back in 2016 when they choose to run with Gary Johnson as their candidate.
